So now they have enough deposits in them to raid them Greece style in the name of equal distribution, right?
Glad everything is fine and dandy. And to think, some people were worried...
bkmk
How ‘bout the Bank of the U S of A? Assets vs. Liabilities, etc.? Present value of future costs?
Trillions, you say?
/s
Bank of America? Seriously? That must be a test a corpse could pass.
“They also hold enough capital that, even if faced with billions of dollars in losses from loans as a result of an economic crisis, they would continue to function.”
Are the people so stupid to actually believe this statement? Just another dose of Orwellian propaganda to sooth the fears of the Proles. Doublespeak.
The “stress tests” must not be very stressful.